15 h. ago Thousands of Ford Kuga hybrid drivers ‘left in limbo’ after fire risk warnings

Carmaker reportedly has yet to announce plan for repairs after telling motorists not to charge their carsThousands of drivers have reportedly been left in limbo after warnings that their car could catch fire due to a battery defect.Ford issued an urgent recall of its Kuga plug-in hybrid car in early March, warning drivers not to charge the battery because of a risk it might short-circuit while on the road. The problem could cause a loss of power or a fire, according to the recall notice. Four weeks later, the manufacturer has yet to announce a timescale for repairs and owners report that it is failing to respond to their requests for an update. Continue reading...

Events

8 d. ago Chinese electric vehicle maker BYD reports 2024 revenue over $100B, topping Tesla's sales

Chinese electric vehicle maker BYD has reported its revenue soared to a record $107 billion last year as its sales of battery electric and hybrid vehicles jumped 40%

Economics

9 d. ago Tesla’s Europe sales drop nearly 45% amid row over Musk’s Trump links

US carmaker’s European market share falls as Chinese rival BYD overtakes it on global revenue, topping $100bnBusiness live – latest updatesSales of new Tesla cars slumped in Europe last month in the latest indication of a potential buyer backlash over Elon Musk’s high profile and controversial behaviour since becoming a leading figure in Donald Trump’s administration.The Texas-based electric carmaker sold less than 16,000 vehicles across Europe last month, down 44% on average across 25 countries in the EU, the UK, Norway and Switzerland, according to data compiled by the research platform Jato Dynamics. Continue reading...

Politics

9 d. ago BYD sales surge 29% on strong Chinese demand for hybrid cars

Results come after Tesla’s EV rival announces five-minute charging system

Politics

2 w. ago If you’re thinking of snapping up a cheap new Chinese electric car there is something you should know

As the Chinese overtake Tesla for sales and automaker BYD becomes the first in the world to unveil a battery that is capable of charging EV’s in the same amount of time as it takes to fill up a fuel tank, Jonathan Margolis examines the claims that there are other aspects we need to be mindful of.

Politics

2 w. ago Strong London demand help drive Savills' UK revenue above £1 billion for first time

Rents in the City of London surged on the back of strong interest from occupiers

Economics

3 w. ago Volkswagen Tayron review: The popular family SUV goes hybrid, but loses two seats

Sitting between the popular Tiguan and the giant Touareg, the plug-in hybrid Tayron offers bags of space and 75 miles of electric range, but misses out on seven seats

Politics

4 w. ago Chinese EV maker BYD raises $5.6bn in share sale to drive overseas expansion

Tesla rival says follow-on Hong Kong offering is the biggest in the global automotive sector in a decade

Economics